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Financial products get mis-sold every minute of every day. Interpretations of what constitutes miss-selling depend on who you ask. They range from persuasion (bending the rules) to outright fraud (breaking them).  In this case, the victim is the buyer. There is yet another form of miss-selling where both the buyer and seller are victims. In this post, let us look at what constitutes honest miss-selling and why it probably more dangerous than normal miss-selling. read more

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Here is a short video of how I track my financial goals - progress to early retirement and my son's education. I have also linked two add-ons - a PPF tracker and advanced retirement calculator that can be inserted into the freefincal automated mutual fund and financial goal tracker.

Announcement: You Can Be Rich Too With Goal Based Investing is now 30% OFF at Amazon (hardcover ₹ 278) and at Flipkart . The Kindle edition(you can use the free app to read it). is available for only ₹90.74.  The Google Play Store edition (read on PC/Tab/mobile) is also available for the same price. Grab them before the offer ends! read more

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Here is version 3 of a Google spreadsheet that allows you to track mutual funds and stocks and map them to different financial goals. This is entirely developed by friends. Version 1 was by Guhan Ramanan. Version 2 by Amol Wable and now version 3 by V Muthu Krishnan.

Before we begin, You Can Be Rich Too With Goal Based Investing is now 30% OFF at Amazon (hardcover ₹ 278) and at Flipkart . The Kindle edition(you can use the free app to read it). is available for only ₹90.74.  The Google Play Store edition (read on PC/Tab/mobile) is also available for the same price. Grab them before the offer ends! read more

The media is blaring at full blast about the number of jobs (not just IT) that could be lost in 2017 and beyond and how it could be "bigger" than 2008.  Whether there is merit in such speculation remains to be seen. What should be clear to anyone working in a non-government establishment is that there is always some chance of a sudden loss of income. In this post, I discuss simple steps to prepare for and handle layoffs. read more

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I am often asked this question. The catching up here refers to being able to create an adequate retirement corpus. The answer depends on the age of the person. For someone in the 30s (even late 30s), I think it is quite possible if they put their head down and invest enough for the next 15 years. This is part two of the Ugly Truth: How much should I invest for retirement?

Fifteen years is a lifetime when it comes to investing and with some luck and discipline, even a 40-year-old can make enough corpus to retire by 55 or so. Even by age 40, an exposure to 60% equity need not be risky. So it is not late at all. Only above age 45, the risk becomes too high even if the person has the appetite for it. read more